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, on an employment-weighted basis, is U-shaped in firm age. Common uses of AI include marketing automation, virtual agents … reductions in employment due to AI use. Many firms undergo organizational changes to accommodate AI, particularly by training … higher incidence of employment expansion compared to other businesses. The most common reason for non-adoption is the …
Persistent link: https://www.econbiz.de/10014528359
, occupation, education and income account for much of the variation in OSW across large geographic areas since the pandemic. These …
Persistent link: https://www.econbiz.de/10014468242
We introduce new historical administrative data identifying U.S. government-funded patents since the early twentieth century. In addition to the funding agency, the data report whether the government has title to the patent ("title" patents) or funded a patent assigned to a private organization...
Persistent link: https://www.econbiz.de/10014486228
skilled labor but brought limited or ambiguous effects to their employment levels …
Persistent link: https://www.econbiz.de/10013462707
Persistent link: https://www.econbiz.de/10012477074
issues at the core of this ongoing debate. We find that the relationship between firm size and employment growth is sensitive …
Persistent link: https://www.econbiz.de/10012462359
, age, and prior growth. Relative to controls, employment at target establishments declines 3 percent over two years post … at target firms are less than 1 percent of initial employment. In contrast, the sum of gross job creation and destruction … at target firms exceeds that of controls by 13 percent of employment over two years. In short, private equity buyouts …
Persistent link: https://www.econbiz.de/10012461259
is accounted for by the reduction in the response of employment to shocks in US establishments. Using a plant level … employment adjustment. Changes in market power, as captured by changes in the curvature of the revenue, function play a minimal …
Persistent link: https://www.econbiz.de/10014486222
Innovation policy can be a crucial component of governments' responses to crises. Because speed is a paramount … objective, crisis innovation may also require different policy tools than innovation policy in non-crisis times, raising … distinct questions and tradeoffs. In this paper, we survey the U.S. policy response to two crises where innovation was crucial …
Persistent link: https://www.econbiz.de/10012585399
AT&T was the largest U.S. firm for most of the 20th century. Telephone operators once comprised over 50% of its workforce, but in the late 1910s it initiated a decades-long process of automating telephone operation with mechanical call switching--a technology first invented in the 1880s. We...
Persistent link: https://www.econbiz.de/10012794608